As you look at different manufacturers over the last several

Assignment Help Business Management
Reference no: EM13525401

You have done a great job giving the major details of risk contingency and risk mitigation. Risk contingency planning focuses on having a plan which will be used if the risk actually comes about and happens. Risk mitigation is the plan used prior to the risk taking place to reduce its chances of happening or reduce its impact.


1. As you look at different manufacturers over the last several years such as Firestone - tires, Graco - baby car seats, and now Toyota concerning a sticking gas pedal. What risk are these organizations running by being reluctant in participating in a recall of their product?

In reality, this may not be the case. When I teach students to build a work breakdown structure, I don't emphasize order just yet, because my main goal is to make sure we have all the bases covered in identifying tasks. Order and sequencing come along when we start to build the network diagram.



2. We are seeing that the tools we discussed here are great resources in understanding the details of the project. How could these tools assist you in your communications with your customer - especially those conversations involving managing the scope of the project?

Reference no: EM13525401

Questions Cloud

The offensive to improve its market position : "Most every company must at times go on the offensive to improve its market position." List, explain, and provide detailed examples (from the Panera Company) for four of the strategic offensives, as discussed in the lecture and in the text.
What is the basic idea behind free will and determinism : What is the basic idea behind free will and determinism? Give a quick (one or two sentence) outline of the relationship between free will and moral responsibility? What is the basic idea behind free will and determinism?
David brin sees as possible for the future of surveillance : What are the two scenarios that David Brin sees as possible for the future of surveillance? Which of the two scenarios does he advocate? Why?
Target competency : Target Competency
As you look at different manufacturers over the last several : 1. As you look at different manufacturers over the last several years such as Firestone - tires, Graco - baby car seats, and now Toyota concerning a sticking gas pedal. What risk are these organizations running by being reluctant in participat..
Explanations change over time, but pseudoscience rarely does : Pseudoscience tends to use ad hoc explanations to deal with anomalies? Scientific explanations change over time, but pseudoscience rarely does? Scientific investigation tends to revise/correct prior scientific theories?
Specific manufacturing production planning utilities : 1) Should the company use an ERP package or specific manufacturing production planning utilities?
Individuals can decide what is true on their own : Individuals can decide what is true on their own?  No one has shown scientifically that ghosts do not exist, so ghosts exist? There is no thing as objective reality or objective truth? Conclusive scientific explanations are correct solely because the..
Find fraction of the tanks volume that is filled with air : Water rises into the tank, compressing the trapped air, whose temperature remains constant during the descent. The tank is brought to a halt when the distance between the surface of the water in the tank and the surface of the lake is 16.4 m.

Reviews

Write a Review

Business Management Questions & Answers

  Common problems when administering employee policies

What are some common problems when administering employee policies in an organization and

  Determine the single most effective way to promote product

Considering the same product, determine the best possible pricing strategy to maximize profits. Elucidate your rationale.

  Did you get the job or hire the applicant

Write a paper of at least 3 pages, in which you describe a job interview you've participated in either as an interviewer or interviewee.

  Graph the demand data for yardarts

Graph the demand data for YarDarts and forecast its demand.

  Making influence chart

The value of George's weekly paycheck is estimates by five factors: wages. travel reimbursement, sales commission, an allowance for parking and an allowance for tolls.

  Daimler benz and chrysler

Daimler-Benz and Chrysler merged in 1997. How might each company have been affected if they had:

  Managerial accounting for organizational performancethe

managerial accounting for organizational performancethe group project for this course provides an opportunity to bring

  Explain what can you and others do to use technology

Explain What can you and others do to use technology (including social media) to reduce any negative impact? Why is this important to consider?

  Explain why do you think accurate cash budgets would be

Explain why do you think accurate cash budgets would be so important also Is is possible for a Industry to have a profitable income statement and/or a solid balance sheet

  Describing ethics with examples

Provide examples of how problems in one of the areas could potentially undermine the entire ethical climate of the organization.

  Explain devised a regression model to help

Explain devised a regression model to help determine residential housing prices in South Alabama

  Leaders in art and entertainmentdo we measure leaders in

leaders in art and entertainmentdo we measure leaders in art and entertainment with the same standards as

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd